Entity 2020 Tax Rate Homestead Exemptions
(subject to application and verification of eligibility)
State Mandated
Optional
Regular
Over-65
Disability
Regular
Over-65
Disability
Counties
Mitchell County  0.488539 None None None None $12,000 None
Lateral Road  0.1000

 $3,000

None $3,000 None $12,000 None
Cities
City of Colorado  0.683985 None None None None None None
City of Loraine 0.872094 None None None Greater of: 10% or $5,000 Greater of: 10% or $5,000 Greater of: 10% or $5,000
City of Westbrook 0.252074 None None None Greater of: 10% or $5,000 Greater of: 10% or $5,000 Greater of: 10% or $5,000
Schools
Colorado Independent School District 1.466700 $25,000 $10,000 $10,000 None None None
Loraine Independent School District 1.466400 $25,000 $10,000 $10,000 None None None
Westbrook Independent School District 0.966400 $25,000 $10,000 $10,000 None None None
Forsan Independent School District 1.26640 $25,000 $10,000 $10,000 None None None
Ira Independent School District 1.53660 $25,000 $10,000 $10,000 None None None
Roscoe Independent School District 1.40000 $25,000 $10,000 $10,000 None None None
Special
Mitchell Co Hospital District 0..383900 None None None None None None
Lone Wolf Ground Water Cons. District 0.026500 None None None None None None